Nuveen High Yield Fund Price on September 1, 2022
| NHMRX Fund | USD 14.80 0.08 0.54% |
Below is the normalized historical share price chart for Nuveen High Yield extending back to December 21, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nuveen High stands at 14.80, as last reported on the 5th of May, with the highest price reaching 14.80 and the lowest price hitting 14.80 during the day.
If you're considering investing in Nuveen Mutual Fund, it is important to understand the factors that can impact its price. We consider Nuveen High very steady. Nuveen High Yield has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nuveen High, which you can use to evaluate the volatility of the fund. Please verify Nuveen High's Downside Deviation of 0.4065, risk adjusted performance of 0.0261, and Mean Deviation of 0.2187 to check out if the risk estimate we provide is consistent with the expected return of 0.0291%.
Nuveen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nuveen |
Sharpe Ratio = 0.1076
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NHMRX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nuveen High is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nuveen High by adding it to a well-diversified portfolio.
Nuveen High Main Headline on 1st of September 2022
Nuveen High Yield dividend paid on 1st of September 2022 |
Nuveen High Valuation on September 1, 2022
It is possible to determine the worth of Nuveen High on a given historical date. On September 1, 2022 Nuveen was worth 15.54 at the beginning of the trading date compared to the closed value of 14.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuveen High mutual fund. Still, in general, we apply an absolute valuation method to find Nuveen High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nuveen High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuveen High's related companies.
| Open | High | Low | Close | Volume | |
| 15.72 | 15.72 | 14.32 | 14.32 | 1.00 | |
09/01/2022 | 15.54 | 15.54 | 14.16 | 14.16 | 1.00 |
| 15.53 | 15.53 | 14.15 | 14.15 | 1.00 |
| Backtest Nuveen High | | | Nuveen High History | | | Nuveen High Valuation | Previous | Next |
Nuveen High Trading Date Momentum on September 1, 2022
| On September 02 2022 Nuveen High Yield was traded for 14.15 at the closing time. The highest daily price throughout the period was 15.53 and the lowest price was 14.15 . There was no trading activity during the period 1.0. Lack of trading volume on 09/02/2022 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.07% . The trading delta at closing time to current closing price is 8.40% . |
Nuveen High Yield Fundamentals Correlations and Trends
By evaluating Nuveen High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuveen High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuveen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nuveen High Mutual Fund history
Nuveen High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nuveen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuveen High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nuveen High stock prices may prove useful in developing a viable investing in Nuveen High
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests significantly in lower-quality long-term municipal bonds and may employ effective leverage through investments in inverse floaters.
Nuveen High Mutual Fund Technical Analysis
Nuveen High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Nuveen High Period Price Range
Low | September 1, 2022
| High |
15.54 | 14.16 |
Nuveen High May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Nuveen High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuveen High shares will generate the highest return on investment. By undertsting and applying Nuveen High mutual fund market strength indicators, traders can identify Nuveen High Yield entry and exit signals to maximize returns
Nuveen High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nuveen High's price direction in advance. Along with the technical and fundamental analysis of Nuveen Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuveen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0261 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0636 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..